Carbon taxes

[Samthehumble]

Isnt this an extremely regressive tax?  Shouldnt everyone just get exactly the same allotment.

[gough whitlam]

This country installed it about 5 years ago and it was abolished at the last election. Basically it increased everyone's electricity prices and pretty well everything else that burnt electricity. No one has ever heard where the collected funds went. It is and was just another tax by the government. It never had any impact on the economy or my life.

You will also find the people flogging solar panels become prominent when everyone wants to avoid high electricity bills by selling it back to the grid. But the electricity companies then forced the price of their purchases down to the point where the investment became a virtual negative gearing exercise and nearly no one received benefits.

Stay right away from. It is a con.

[Samthehumble]

Yes, i think what you said is the whole reason people want carbon taxes. 

[r3020]

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@gough whitlam wrote:
This country installed it about 5 years ago and it was abolished at the last election. Basically it increased everyone's electricity prices and pretty well everything else that burnt electricity. No one has ever heard where the collected funds went. It is and was just another tax by the government. It never had any impact on the economy or my life.

You will also find the people flogging solar panels become prominent when everyone wants to avoid high electricity bills by selling it back to the grid. But the electricity companies then forced the price of their purchases down to the point where the investment became a virtual negative gearing exercise and nearly no one received benefits.

Stay right away from. It is a con.

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Right. It's not about the climate, it's not about the carbon, it's all about the money. It's called easy pickins. Another term which applies is legalized stealing.

[hardnox]

There's nothing you can do to make the impact of any tax perfect but you can make it relatively revenue neutral by reducing rates and something like enhancing EITC at the bottom.

But a lot of minefields to get there, probably enough to kill any hope. And of course simply profound mistrust,along with interests.

[Canuck_2]

British Columbia has one and according to this article it is working beter than anyone thought possible.

http://www.theglobeandmail.com/globe-debate/the-insidious-truth-about-bcs-carbon-tax-it-works/articl...

The latest numbers from Statistics Canada show that B.C.’s policy has been a real environmental and economic success after six years. Far from a being a “job killer,” it is a world-leading example of how to tackle one of the greatest global challenges of our time: building an economy that will prosper in a carbon-constrained world.

B.C.’s tax, implemented in 2008, covers most types of fuel use and carbon emissions. It started out low ($10 per tonne of carbon dioxide), then rose gradually to the current $30 per tonne, which works out to about 7 cents per litre of gas. “Revenue-neutral” by law, the policy requires equivalent cuts to other taxes. In practice, the province has cut $760-million more in income and other taxes than needed to offset carbon tax revenue.

[Samthehumble]

The whole thing is horse dung, but I'd float this idea as proof that tptb are just looking for a gravy train not a solution.       

 So we've decided that a country is allowed to produce x tons of co2,  rather than taxing to make money for the government, and trading that makes money for bankers, the countries allotment is just divided up equally among its citizens at no cost to them.  Redeemability embedded with what they use in energy in some manner.  But the deal is warren buffet doesn't get anymore than nox does, only actual human citizens get anything, and everyone gets exactly the same amount.  That is unless NOx chooses to sell some of his uncle warren.  So nox has a reason to conserve, he can make some bucks.  A market would certainly develop but at least people would have a positive incentive rather than just an added cost.